Federal Budget Proposal Leaves No Room for Recreation…

Two weeks ago in a letter to President Bush, 78 executives from OIA member-companies asked for full funding of the Land and Water Conservation Fund and the Urban Parks and Recreation Restoration Program. Both programs are designed to help states, cities

Recall: Shimano Brake Cables…

In cooperation with the CPSC, Shimano is recalling its ‘Road Racing Bicycle Brake Inner Cables’ because the cable can detach during braking, “causing the rider to lose control and fall.” This recall involves aftermarket Shimano 1.6 mm X 1,700 mm brake inn

Michel Perraudin to Leave adidas-Salomon…

Michel Perraudin (57), member of the adidas-Salomon Executive Board, responsible for Global Human Resources, Key Projects and Corporate Services, will leave the Executive Board of adidas-Salomon AG effective March 31, 2005 to allow him to allocate more ti

adidas the New Supplier to Chelsea FC

Chelsea Football Club and adidas today announced an eight-year sponsorship agreement. Under the terms of the agreement, which comes into effect for the 2006/7 season, adidas will become the Official Sportswear Supplier, Official Product Supplier and Offi

Greg Norman Posts Double-Digit Core Golf Sales Growth…

Greg Norman Collection announced Core Golf sales increases of 19% with operating profits up over last year as well. Additionally, Q4 Core Golf sales jumped 22%, marking the 8th consecutive quarter of double-digit sales growth in the Green Grass segment. C

Nautilus Moves in Right Direction in Q4…

Nautilus finished off its “turnaround” year with a 51.1% jump in Q4 earnings, from $9.4 million, or 28 cents per share in 2003 to $14.2 million, or 42 cents per diluted share in the most recent quarter. These earnings were driven by an 11.0% increase in f

Gildan Beats Q1 Guidance; Moves Yarn Facility to NC…

Gildan Activewear is closing its Long Sault, Ontario and Montreal, Quebec yarn-spinning facilities. The majority of the equipment will be transferred to a new leased yarn-spinning facility in Clarkton, North Carolina, which will be operated by the company